Word: lehman
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...strong trend away from finance and consulting is likely the result of the economic crisis, which has devastated the financial markets and leveled major firms like Lehman Brothers and Merrill Lynch, two companies that had actively recruited at Harvard in the past...
...some signs, though fleeting, of a possible economic rebound. What's the consumer thinking right now? What is fundamentally different about the recession, except for the ones we had in the 1930s, is that we're putting bookmarks in our brains. When icons that we defined as stable, like Lehman Brothers, fall apart, you are suddenly questioning everything around you. So consumers now, if things start to get better, will not run into the stores and start consuming like there had never been a recession. That will not happen. At the end of the day, consumers will want something practical...
Adams may not have explicitly foretold the fall of Lehman's or the exposure of Bernard Madoff, but here's a prediction from her 2006 book Essential Astrology for Women: "Corporations will crumble and fall ... Anything with a big pyramid structure and massive skyscraper towers is vulnerable." Dumb luck or precognition? Let's look at her current take on politics. Joe Biden's turn as Veep is ill-starred, says Adams, whereas "Hillary Clinton is set to go up and up. Her chart on the day Obama won was more powerful than...
...Jazz PicnicArts First Tent, Science Center11:30 a.m.Japanese Tea CeremonyTea Room, 5 Bryant St12 p.m.Sunken Garden Children’s Theater, Sunken Garden, Radcliffe Yard12:15 p.m.Japanese Tea CeremonyTea Room, 5 Bryant St1 p.m.South Indian Classical MusicHolden Chapel (between Lionel and Mower)1 p.m.Dunster House Opera ShowcaseDudley House, Lehman Hall1 p.m.“At Ease,”Carpenter Center, 24 Quincy St1 p.m.Harpsichord Music from the Spanish CourtMemorial Church1 p.m.Stand-Up Comedy JamCambridge Queen’s Head1 p.m.Fallen Angels A Cappella Jam, Science Center C1 p.m.Harvard Organ Society, Adolphus Busch Hall, 29 Kirkland St1 p.m.Debussy...
...billion-dollar settlement with Wall Street's stock analysts. As you might recall, investment banks had a bad habit of issuing overly rosy opinions of companies, particularly the ones the banks were courting for other sorts of business. Twelve companies, including Merrill Lynch, Bear Stearns, Citigroup, Goldman Sachs, Lehman Brothers, J.P. Morgan Chase and UBS agreed to pay a collective $432.5 million for research to be produced by dozens of independent, outside companies and distributed to the banks' own customers, as a counterweight to their internal opinions. This money, designed to be disbursed over the course of five years, spurred...